CPA CHARITABLE FUNDS
To help achieve its objectives, the CPACF provides funding for charitable activities including: Technical Assistance Programmes; Conferences to share knowledge and best practice; Grants for parliaments to make their buildings and activities accessible for persons with disabilities.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a significant deficit of £2,660,135 for the year ended 31 December 2024, primarily due to a transition in legal status that resulted in the loss of membership fee income. Despite this deficit, the charity maintained unrestricted reserves of £884,143, which the Trustees note is significantly more than the required amount under their reserves policy. The Trustees and auditors confirm that the charity remains a going concern with adequate liquid funds to meet obligations for at least the next two years.
What the accounts disclose
“Of this, the charity’s core income was from financial investments (47%) and partnership income (34%).”
“The Trustees note that this is significantly more than the required amount in the reserves policy which mandates that reserves ought to be sufficient to cover three to six months of operational expenditure of the organisation.” — page 9
“prepayment & advances for 2025 programme related events. The outstanding balance between CPA and CPACF at the year-end amounts to £20,095. members acted as Trustees for the charity during their term in office up until their resignation on 7 November 2024.” — page 36
Electoral Commission register entries
- Visit: Stuart McMillan — £6k
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- Dr Keshava Sudhakar MP
- Hon Joy Marie Burch
- Hon Osei Kyei-Mensah-Bonsu MP
- Lyndon Sean Trott Hon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £215k | £463k |
| 31/12/2024 | £469k | £3.2m |
| 31/12/2023 | £3.1m | £3.2m |
| 31/12/2022 | £2.8m | £3.0m |
| 31/12/2021 | £2.6m | £1.8m |
Common questions
Is CPA CHARITABLE FUNDS financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a significant deficit of £2,660,135 for the year ended 31 December 2024, primarily due to a transition in legal status that resulted in the loss of membership fee income. Despite this deficit, the charity maintained unrestricted reserves of £884,143, which the Trustees note is significantly more than the required amount under their reserves policy. The Trustees and auditors confirm that the charity remains a going concern with adequate liquid funds to meet obligations for at least the next two years. Its FY2024 accounts were audited by Buzzacott Audit LLP.